Brendan Dowhaniuk - Dec 2, 2025 Form 4 Insider Report for Target Hospitality Corp. (TH)

Role: EVP, Strategy & Corp. Dev.
Signature: /s/ Heidi D. Lewis, as Attorney-in-Fact, on behalf of Brendan Dowhaniuk
Stock symbol: TH
Transactions as of: Dec 2, 2025
Transactions value $: $0
Form type: 4
Date filed: 12/4/2025, 04:48 PM
Previous filing: Mar 3, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Dowhaniuk Brendan	EVP, Strategy & Corp. Dev.	9320 LAKESIDE BLVD., STE 300, THE WOODLANDS	/s/ Heidi D. Lewis, as Attorney-in-Fact, on behalf of Brendan Dowhaniuk	2025-12-04	0002046130

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TH	Common Stock, par value $0.001 per share	Options Exercise		+17.7K			17.7K	Dec 2, 2025	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TH	Restricted Stock Units	Options Exercise	$0	-17.7K	-36.17%	$0.00	31.3K	Dec 2, 2025	Common Stock	17.7K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share ("Common Stock"), or its cash equivalent.
F2	On December 2, 2024, the Reporting Person, as the newly appointed Executive Officer to the Company, was granted 17,710 Restricted Stock Units which vest in full on December 2, 2025, subject to Target Hospitality Corp. 2019 Incentive Award Plan, as amended, and RSU award agreement entered into between the Issuer and the Reporting Person.